Michael J. O’Hanlon, senior adviser to TPG, one of the world’s largest private equity firms, will discuss future trends in the mortgage industry in a lecture at The College of Saint Rose.

                O’Hanlon, a Saint Rose alumnus, will deliver his remarks Thursday, March 12, at 5:30 p.m. in the Carl E. Touhey Forum, Thelma P. Lally School of Education, 1009 Madison Ave., Albany, N.Y.  Dan Nolan, president/CEO of Hugh Johnson Advisors, will lead a question-and-answer session following O’Hanlon’s address.

In addition, a networking reception will precede the lecture at 4:30 p.m.

The program is free and open to the public, but seating is limited.  Reserve a place by Monday, March 9, by e-mail to Maria Freund at freundm@strose.edu or phone 518-454-5272.

O’Hanlon’s lecture will be the 23^rd in the College’s financial services lecture series and the 15^th Peter M. Tully Endowed Lecture in Financial Services and Economic Development.

O’Hanlon will explore the next market shift in the mortgage industry: how the industry is changing to meet consumers’ needs and what this means for the homeowner – such as availability and cost of credit – and mortgage servicing. Other issues to be discussed: What are the trends in terms of originators and capital providers? Will there be new roles for FNMA, FHLMC and GNMA in light of current market participation and proposed legislation?  Who is served and not served today?

Working in TPG’s Manhattan office, O’Hanlon focuses on asset purchases and TPG Capital’s financial institution investments. Currently, he serves on the board of Roosevelt Management Corp. LLC and a TPG portfolio company investing in residential mortgage loans. O’Hanlon previously was managing director at Lehman Brothers, where he worked for more than 25 years. He led the firm’s commercial and residential mortgage finance efforts during the late 1980s through 1995 and became the head of the Financial Institutions Group.  In 1999, he moved to Japan to head the Japanese Investment Banking and the Asian Financial Institutions Groups, among other roles. Some key projects in Asia included leading the teams for TPG’s investment in Korea First Bank and Lehman Brother’s investment in Aozora Bank.

O’Hanlon holds a master of business administration in finance and accounting from the State University of New York at Albany, a bachelor of science in business administration from The College of Saint Rose, and is a member of the College’s Huether School of Business Advisory Council.

Saint Rose has sponsored a financial services lecture series since 1989.  In 1998, the lecture was named for Peter M. Tully, former senior vice president of municipal finance for First Albany Corp. and an authority on tax-exempt bonds.  He was the husband of the late Anne Tully, who was assistant vice president for graduate admissions at Saint Rose.  First Albany Corp. established an endowed memorial fund after Peter’s death in December 1997 to provide scholarships for prospective students in the College’s Huether School of Business desiring to pursue a master’s degree in business administration.  After Anne’s death in October 2004, the scholarship was renamed the Peter and Anne Tully Endowed M.B.A. Scholarship to honor her dedication and commitment to Saint Rose.